Intangibles

inTEST Reports Record $32.7 Million in Revenue for the 2023 Third Quarter with Earnings per Diluted Share up 4% to $0.24 Year-over-Year

Retrieved on: 
Friday, November 3, 2023

Backlog at September 30, 2023, was $38.8 million, down 19% and 13% from September 30, 2022 and June 30, 2023, respectively.

Key Points: 
  • Backlog at September 30, 2023, was $38.8 million, down 19% and 13% from September 30, 2022 and June 30, 2023, respectively.
  • Approximately 40% of backlog is expected to ship beyond the fourth quarter of 2023.
  • Fourth quarter 2023 operating expenses, including amortization, are expected to be approximately $11.7 million.
  • Net interest income for the fourth quarter is expected to be similar to the third quarter.

CB Financial Services, Inc. Announces Third Quarter and Year-to-Date 2023 Financial Results and Declares Quarterly Cash Dividend

Retrieved on: 
Friday, October 27, 2023

(Comparisons to three months ended September 30, 2022 unless otherwise noted)

Key Points: 
  • (Comparisons to three months ended September 30, 2022 unless otherwise noted)
    Net income was $2.7 million, compared to $3.9 million.
  • Book value per share was $22.43, compared to $22.81 as of June 30, 2023 and $21.60 as of December 31, 2022.
  • Tangible book value per share (Non-GAAP) was $20.10, compared to $20.39 as of June 30, 2023 and $19.00 as of December 31, 2022.
  • Book value per common share was $22.43 at September 30, 2023 compared to $21.60 at December 31, 2022, an increase of $0.83.

Global Times: Xi Jinping Thought on Culture guides China's cultural development

Retrieved on: 
Monday, October 30, 2023

Xi Jinping Thought on Culture is a summary of the practice and a crystallization of theory concerning cultural preservation and development in the new era.

Key Points: 
  • Xi Jinping Thought on Culture is a summary of the practice and a crystallization of theory concerning cultural preservation and development in the new era.
  • "Xi Jinping Thought on Culture is a theoretical summary of the practical experience of the CPC's cultural construction leadership in the new era.
  • "President Xi has set new cultural standards, aimed at enhancing cultural prosperity and ­positioning China as a global leader in culture.
  • Tang Fei, chief of the Sichuan Provincial Cultural Relics and Archaeology Research Institute, told the Global Times that Xi Jinping Thought on Culture naturally aligns with the nation's development in the field of culture and its international image.

Stock Yards Bancorp Reports Solid Third Quarter Earnings of $27.1 Million or $0.92 Per Diluted Share

Retrieved on: 
Wednesday, October 25, 2023

LOUISVILLE, Ky., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today reported earnings of $27.1 million, or $0.92 per diluted share, for the third quarter ended September 30, 2023. This compares to net income of $28.5 million, or $0.97 per diluted share, for the third quarter of 2022. The results for the third quarter of 2023 were highlighted by near-record loan growth, linked quarter deposit growth and strong levels of non-interest income.

Key Points: 
  • “Total loans, excluding PPP loans, increased $559 million, or 11%, over the last 12 months, of which $201 million was achieved during the third quarter.
  • In addition, Wealth Management and Trust (“WM&T) had another strong quarter, with net new business growth outweighing unfavorable market conditions.
  • Deposit balances increased $194 million, or 3%, on the linked quarter, as interest bearing deposits increased $246 million and non-interest bearing deposits contracted by $51 million.
  • Non-interest income increased $36,000 to $22.9 million on the linked quarter, consistent with expansion in treasury management fees and card income.

Farmers National Banc Corp. Announces Earnings for Third Quarter of 2023

Retrieved on: 
Wednesday, October 25, 2023

The provision for credit losses and unfunded commitments was $243,000 for the third quarter of 2023 compared to $25,000 for the second quarter of 2023 and $448,000 for the third quarter of 2022.

Key Points: 
  • The provision for credit losses and unfunded commitments was $243,000 for the third quarter of 2023 compared to $25,000 for the second quarter of 2023 and $448,000 for the third quarter of 2022.
  • The net interest margin was 2.86% in the third quarter of 2023 compared to 2.92% for the second quarter of 2023 and 3.21% for the third quarter of 2022.
  • Noninterest expense was $27.7 million for the quarter ended September 30, 2023, compared to $21.4 million for the quarter ended September 30, 2022.
  • Merger related costs were $268,000 for the third quarter of 2023 compared to $872,000 in the third quarter of 2022.

Protection and continuation of China's many ancient crafts a key aim of event

Retrieved on: 
Wednesday, October 11, 2023

Established in 2007, the biennial festival is the first large-scale cultural event in the world with ICH as its theme and the promotion of ICH protection as its purpose.

Key Points: 
  • Established in 2007, the biennial festival is the first large-scale cultural event in the world with ICH as its theme and the promotion of ICH protection as its purpose.
  • In 2009, it was granted permanent residency in Chengdu with the approval of the then Ministry of Culture.
  • It is to feature four main sections: World ICH, China ICH, Sichuan ICH and Cloud-based ICH.
  • It is a global event for exchanging experiences, showcasing the fascinating excellent culture of the Chinese nation and promoting international cooperation.

Better Worlds & AMM Announce Winners of the CultureTech Art & Music Challenge

Retrieved on: 
Wednesday, September 20, 2023

LOS ANGELES, CA, Sept 20, 2023 - (ACN Newswire) - Better Worlds in partnership with Art Management Magazine is pleased to announce the winning artists and musicians for the 2023 CultureTech Art & Music contest.

Key Points: 
  • LOS ANGELES, CA, Sept 20, 2023 - (ACN Newswire) - Better Worlds in partnership with Art Management Magazine is pleased to announce the winning artists and musicians for the 2023 CultureTech Art & Music contest.
  • The art and music challenge was open to Indigenous New Media Artists and Musicians from throughout the world and drew nearly 500 submissions from 16 countries.
  • Each category was juried by a panel of experts in the art and music fields.
  • CultureTech is one of Better Worlds' programs that explores the impact of digital technologies on culture.

Digital Transformation Provides Six Value-Driven Opportunities for Nonprofits: New Report From Info-Tech Research Group

Retrieved on: 
Monday, September 18, 2023

To assist nonprofit leaders in securing their organizations' position in the unknown future and evaluating their digital capabilities to power mission-driven impacts, Info-Tech Research Group has released its new industry resource, Assess Your Nonprofit's Digital Maturity .

Key Points: 
  • To assist nonprofit leaders in securing their organizations' position in the unknown future and evaluating their digital capabilities to power mission-driven impacts, Info-Tech Research Group has released its new industry resource, Assess Your Nonprofit's Digital Maturity .
  • To learn more about the benefits of conducting a digital maturity assessment and pursuing intentional digital transformation, download the complete Assess Your Nonprofit's Digital Maturity resource.
  • To conduct a comprehensive data-driven digital maturity assessment supported by Info-Tech's Digital Maturity Framework, visit the Digital Maturity Assessment page and connect with an analyst.
  • For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X .

The Benefits of Eating European Olives Daily as Part of the Mediterranean Diet

Retrieved on: 
Thursday, September 14, 2023

WASHINGTON, Sept. 14, 2023 /PRNewswire/ -- Table olives are an essential product of the Mediterranean Diet that are good for our health and are part of the cultural and gastronomic heritage of the Mediterranean. In fact, some nutritionists recommend eating approximately seven olives a day (for a healthy adult), as part of a balanced diet.

Key Points: 
  • WASHINGTON, Sept. 14, 2023 /PRNewswire/ -- Table olives are an essential product of the Mediterranean Diet that are good for our health and are part of the cultural and gastronomic heritage of the Mediterranean.
  • In fact, some nutritionists recommend eating approximately seven olives a day (for a healthy adult), as part of a balanced diet.
  • Olives, together with olive oil, are one of the most traditional foods of the Mediterranean Diet, which has been declared Intangible Cultural Heritage by UNESCO.
  • In fact, this country is the main market for olives produced in Europe, importing 427 million dollars' worth of olives in 2020.

The Benefits of Eating European Olives Daily as Part of the Mediterranean Diet

Retrieved on: 
Thursday, September 14, 2023

WASHINGTON, Sept. 14, 2023 /PRNewswire/ -- Table olives are an essential product of the Mediterranean Diet that are good for our health and are part of the cultural and gastronomic heritage of the Mediterranean. In fact, some nutritionists recommend eating approximately seven olives a day (for a healthy adult), as part of a balanced diet.

Key Points: 
  • WASHINGTON, Sept. 14, 2023 /PRNewswire/ -- Table olives are an essential product of the Mediterranean Diet that are good for our health and are part of the cultural and gastronomic heritage of the Mediterranean.
  • In fact, some nutritionists recommend eating approximately seven olives a day (for a healthy adult), as part of a balanced diet.
  • Olives, together with olive oil, are one of the most traditional foods of the Mediterranean Diet, which has been declared Intangible Cultural Heritage by UNESCO.
  • In fact, this country is the main market for olives produced in Europe, importing 427 million dollars' worth of olives in 2020.